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Belén Gualda
Person PoliticianBelén Gualda is the president of SEPI, who recently blocked operations between Indra and Escribano.
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About
Belén Gualda is the president of SEPI (Sociedad Estatal de Participaciones Industriales), a Spanish state holding company. She is currently newsworthy due to a recent fracture within the board of directors of Indra, a publicly traded company. Indra has experienced internal conflict, but recent events have marked a turning point. Gualda, in her capacity as president of SEPI, publicly released a letter blocking any type of operation between Indra and Escribano (EM&E). This action highlights a conflict between the government's interests and those of Escribano, significantly impacting the company's strategic direction and raising questions about government influence in corporate decisions. This intervention is relevant because it underscores the ongoing tensions and power dynamics within Indra, a key player in the Spanish technology and defense sectors.
Last updated: April 29, 2026
Recent News


SEPI defiende el rescate de Plus Ultra: “Cumplía con los requisitos. España hubiese sido menos competitiva para el turismo”
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La presidenta de la SEPI defiende la "solvencia" de Plus Ultra pero reconoce que solo ha devuelto 12 millones
